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Biotech / Medical : Biotech for less than cash value -- Ignore unavailable to you. Want to Upgrade?


To: Saulamanca who wrote (342)4/7/2009 12:09:37 AM
From: Gary Mohilner  Respond to of 684
 
As an investor in GNVC, one of the companies on the list, they'd have been out of business months ago if this were true as they show less than 2 months cash at the end of last year according to the list that's effective the end of last year.

I don't doubt that the stock's depressed because it has so little cash, however they've done some cutbacks and should be good for a year or more.

The list may suggest some interesting investments, but verify it's accuracy.

Gary